Vestar Capital Partners / プレスリリース
Duff & Phelps Commences Trading Today on New York Stock Exchange
NEW YORK, NY - September 28, 2007 - Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced the commencement of trading of its Class A common stock on the New York Stock Exchange under the ticker symbol "DUF". The company raised approximately $132,800,000 through its initial public offering, which consisted of 8,300,000 shares of Class A common stock priced at $16 per share.
Noah Gottdiener, Chairman and Chief Executive Officer, said, "We are delighted to celebrate this milestone in the continued evolution of Duff & Phelps, as we embark upon the next phase of our development. Our commitment to creating value for our new shareholders is rooted in our corporate mission: protecting, recovering and maximizing value for our clients. Our key strengths - independence in offering unbiased advice on highly technical value assessment issues, a strong brand name and global scale - position us for unique growth opportunities going forward. At the same time, we believe that our broad and well-balanced service offerings, as well as our diversified client base, provide us with stability across economic cycles."
Gerry Creagh, President, said, "The success of our franchise is due to the quality of our professionals and the strength of our relationships with our global client base. We look forward to deploying the capital we have raised towards building the future of our company. As we move forward to realize our potential, we extend our thanks and appreciation to our employees and clients across the globe, as well as a warm welcome to our new shareholders."
Recently, Duff & Phelps disclosed the formation of a strategic alliance with Shinsei Bank that the company expects will facilitate the expansion of its business throughout Japan and Asia. As part of this alliance, Shinsei Bank has acquired an approximately 10% minority equity stake in Duff & Phelps.
The listing requirements of the New York Stock Exchange require that Duff & Phelps Corporation disclose that additional information is available upon which the New York Stock Exchange relied to list the company, and is included in Duff & Phelps Corporation's listing application. Such information is available to the public upon request.









